Mainstream Token price prediction: ETH, XRP, ADA, SOL, HYPE performance and key target levels this week

Ethereum(ETH): Break through key resistance, targeting the $3500 area

• Market Review: Ethereum has experienced a strong breakthrough market this week, with a rise of up to 17%. The price successfully broke through the key resistance level of 2800 USD, once soaring above 3000 USD, followed by a slight pullback. A clear bullish pattern of higher highs and higher lows has now formed.

• Key Support and Resistance: The previous resistance level of 2800 USD has transformed into strong support. As long as this support level can be effectively held, ETH will have a good opportunity to convert 3000 USD into new support and further push upwards towards the key target prices of 3350 USD and 3500 USD.

• Market Outlook: Currently, buyers have complete control over the price trend. Additionally, Bitcoin (BTC) has entered the price discovery phase after reaching an all-time high, and this strong environment will benefit ETH and the vast majority of altcoin markets. Ethereum price predictions are generally bullish, with ETH showing strong momentum after breaking through $3000.

  

Ripple ( XRP ): After breaking through $2.3, it challenges $2.6, with the goal of returning to the $3 mark

• Market Review: In the past few days, XRP successfully broke through the 2.3 USD resistance level and quickly surged to 2.6 USD (current resistance level), ultimately closing with an impressive weekly gain of 15%. Buyers are on the offensive.

• Key Objectives and Challenges: The most obvious target on the chart is the $3 level. However, to achieve this target, XRP must turn $2.6 into solid support. With the current bullish momentum, this should be an easy task.

• Market Outlook: After a long period of consolidation, XRP has finally shown significant movement, expected to test the 3 dollar resistance again. It is important to note that historical experience shows sellers may become active again around the 3 dollar mark. Once the price approaches this area, investors should closely monitor price action and avoid unnecessary risks. The sustainability of Ripple breaking the resistance level is crucial.

  

Cardano(ADA): End the downtrend, regain support, target $0.9

• Market Review: Cardano has ended its downward trend this week, successfully expanded its upward space with a 17% increase, and re-established the support level at $0.64. This is crucial for halting the decline and rekindling market optimism.

• Key Targets and Resistance: As the market shifts, ADA is expected to target the key level of 0.9 USD. Although it may face selling resistance around 0.7 USD, the current strong momentum is sufficient to push the price beyond that level.

• Market Outlook: This is the first time ADA is expected to challenge the $1 price mark after experiencing a long decline since the end of 2024. While buyers currently have the upper hand, they need to maintain control of the price to sustain the upward trend. The Cardano trend reversal signal has appeared, and ADA regaining support is the key first step.

  

Solana(SOL): Stabilizing at the $152 support, targeting the psychological levels of $186 and $200

• Market Review: Solana has shown strong performance this week, successfully turning $152 into a support level, allowing the price to rise above $160, ultimately recording an 8% weekly increase.

• Relative Performance and Targets: Despite a positive performance, the price expansion of SOL lags behind major altcoins such as Ethereum ( ETH ) or Ripple ( XRP ), indicating that most buying demand is concentrated in other coins. However, SOL still has a great opportunity to test the current resistance level of $186.

• Market Outlook: Based on the current price trend, if SOL can successfully push its price above 200 USD, the market's hype around it may return. As long as Bitcoin and Ethereum remain bullish, 200 USD is a realistic target worth paying attention to. Solana support level analysis shows its foundation is solid, and the SOL target of 186 USD is the focus in the near term.

  

Hyperliquid (HYPE): Reached a historic high, targeting the key resistance at 50 USD

• Market Review: HYPE successfully set a new all-time high (ATH) of 46.25 USD this week, and although it is not far off from its previous high record of 45.80 USD in mid-June, the higher high itself is a bullish signal. This opens the path for HYPE towards 50 USD, which is also a key psychological level and resistance.
• Performance Comparison: HYPE recorded a 17% increase this week (comparable to ETH and ADA), and if stablecoins are excluded, it ranks among the top ten cryptocurrencies by market capitalization in terms of performance. This shows that HYPE maintains its market dominance, with its recent price trends showing similarities to ETH and ADA.
• Market Outlook: HYPE has a good chance to reach the $50 price level, which requires about a 10% increase from the current level. If it successfully breaks through, the next key level will be at $55. However, it is important to note that these valuation areas may also attract sellers back. Once the price approaches these positions, caution is advisable. After Hyperliquid reaches a new all-time high, the HYPE target of $50 becomes the focus.
• 
• (Source: CryptoPotato)